Privatization Trends: What’s Been Done?
Author: Sunita Kikeri and Aishetu Kolo Date: 2/13/2006 (PDF, 200KB)
Privatization has reached nearly all developing countries, generating more than US$400 billion in proceeds for these countries since 1990. Activity peaked in 1997 and declined thereafter—but began to pick up again in 2001. Proceeds are concentrated in a small group of countries. And they are increasingly concentrated in a few transactions: the 10 biggest accounted for nearly 40 percent of proceeds in 2000–03, up from 16 percent in the 1990s. These transactions have often involved sales of minority shares aimed at generating revenues.